The company's Flat gold project is located 40 km north of the giant Donlin gold project.
Chile's financial regulator had allowed a planned lithium joint venture between SQM and Codelco to proceed without a vote by SQM shareholders.
Located approximately 400 kilometres northwest of Edmonton, the Buffalo Hills project includes 21 mineral leases covering 4,800 hectares.
There are some 10,000 mining claims in Grassy Narrows’s interim area of interest for over more than 2,850 sq. km in the province’s far northwest.